Business Loan Specialist

5 days ago


Burbank, California, United States Farmers Insurance Full time
Job Summary

We are seeking a highly skilled Business Loan Processor to join our team at Farmers Insurance. As a Business Loan Processor, you will be responsible for assisting with the detailed loan processing and disbursement of all Business Loans, including Agency Acquisition Loans, Agency Secured Loans for Acquisition purposes, and Agency Acquisition Conversions.

Key Responsibilities
  • Process new business loan requests for Agency Acquisition Loan (AAL) and AAL Conversions, including contacting applicants and obtaining verification documents.
  • Perform the booking/funding and disposition of approved Business Loans, verifying signed loan disclosures for accuracy and completion.
  • Assist members with inquiries via email and phone, and perform other job duties as assigned.
Requirements
  • High School Diploma or equivalent required.
  • Two years of experience in a financial institution required, with one year of experience in a consumer loan processing environment and one year of experience in a business loan processing environment preferred.
Benefits
  • Competitive salary commensurate with experience, qualifications, and location.
  • Bonus Opportunity (based on Company and Individual Performance).
  • 401(k), Medical, Dental, Vision, Health Savings and Flexible Spending Accounts, Life Insurance, Paid Time Off, Paid Parental Leave, and Tuition Assistance.
Work Environment

This role will include normal and customary distractions, noise, and interruptions. You will sit or stand for extended periods of time, up to a full work shift, and occasionally reach overhead and below the knees, including bending, twisting, pulling, and stooping.

Farmers Insurance is an award-winning, equal opportunity employer committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships.

To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.



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